Pricing Strategy Manager (Hybrid)

Job Description

Job Summary

Pricing Strategy Manager will be responsible for developing the strategic pricing capability for the business by continually reviewing and developing the company's pricing approaches and programs to ensure that they are in line with best practices with the aim of maximizing long-term returns for the company.

You will be expected to provide actionable business analysis, insights, and foresight to understand and drive performance of the business. You will shape our pricing strategy, pricing architecture, and price quoting activities. You will ensure our product pricing and programs are effective and competitive gathering and analyzing field feedback. It is critical you move beyond compiling data and help tell the story behind the numbers. You must be capable of working collaboratively to identify and exploit pricing and business growth opportunities.

Reporting Structure

The Pricing Strategy Manager will report to the Director Pricing as part of the Pricing Team.

Key Responsibilities

• Lead strategic pricing including standardized pricing processes that will maximize bottom-line margin performance and provide greater pricing consistency
• Develop, advocate, and implement best-in-class pricing methodologies and tools
• Recommend pricing strategies to our senior leadership based on in-depth analyses and quantify the impact on our business
• Influence internally to encourage adoption and testing of new pricing structures and strategies
• Work cross-functionally with sales, product, finance, and supply chain teams to position product portfolio and establish pricing programs aligned with revenue and margin objectives
• Assess competitive price positioning across all market segments using industry analysis, quantitative modeling, competitive analysis, and pricing elasticity
• Support new business development plans through pricing and margin management strategies, pricing models, and programs
• Collaborate with market-facing teams to ensure regular customer feedback is incorporated into pricing methodologies and policies
• Manage multiple tasks and projects with the ability to prioritize and respond quickly to customer requests based on shifting priorities
• Ability to work in a rapidly evolving environment and quickly grasp new concepts by demonstrating and applying knowledge of these tasks timely and accurately
• Establish and maintain effective relationships with customers by fully understanding and meeting their expectations

Required Skills

• Minimum 5 years of experience developing and executing pricing strategies, price setting, and profitability management
• Experience leading the implementation of strategic initiatives that require fundamental change
• Strategic thinker who is dedicated to providing valuable insights and strong leadership skills
• Ability to work cross-functionally and under pressure while managing a large number of complex projects simultaneously
• BS/BA degree in Finance, Economics, Statistics, or related field required.
• SAP and Vistex experience is a plus
• Strong technical skills: Microsoft Office; data visualization tools (i.e., Tableau, Qlik); data querying tools (i.e., Business Intelligence)
• Proven ability to work under pressure and meet deadlines
• Excellent written and verbal communication skills with a high degree of accuracy and attention to detail

This position requires 20% travel

Diversity, Equity Inclusion

At Benjamin Moore, we believe diversity of culture, talent, and varying perspectives is key to a collaborative, innovative, and successful business.We are committed to driving change within our organization through purposeful Diversity, Equity Inclusion (DE I) efforts, while also focusing on our customers and communities in which we serve. Our DE I efforts allow each of us to authentically live our corporate values of Openness, Integrity, Community, Excellence and Safety. Our Social Impact programming of strategic local and national partnerships, in-kind donations, volunteerism, and more expands our ability to make a difference in the lives of all of our stakeholders. We hope you will join us and become an advocate for diversity and inclusion here at Benjamin Moore.

At Benjamin Moore Co, we don't just accept difference - we celebrate it, we support it, and we thrive because it benefits our employees, our products, and our community.We are an equal opportunity employer and value diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.Benjamin Moore is proud to be an equal opportunity employer.

Student Loan Repayment Assistance Program

Benjamin Moore provides Student Loan Repayment Assistance Program to support eligible active employees who graduated from an accredited post-secondary educational institution. The Repayment Program is intended to contribute to reducing employee's student loans. The Company follows all rules and regulations concerning the taxability of student loan repayments provided under applicable law.

Company Profile

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The color of pride: Benjamin Moore is proud to be a part of Berkshire Hathaway, which was recognized by Fortune magazine as the world's fourth most admired company. And for more than 140 years we've been a respected leader in the architectural coatings and home decor landscape; creating the products and tools that enrich and beautify thousands of communities each day. We recognize that our associates are the driving force behind our success, and we strive to provide a work environment where hard work, creativity and purposeful collaboration are fostered and encouraged.

Join a company where innovation is constantly recognized as we look for individuals who produce world-class products, best-in-class services and customer experiences, design pioneering paints using the latest technologies and deliver unparalleled value and brand experiences for our customers and retail network.

Benjamin Moore Co is an equal opportunity employer that is committed to a culture of inclusion and diversity. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, disability, national origin, veteran status, or any other basis covered by appropriate law. Our commitment to these principles means all employment decisions are made based on qualifications, merit, and business need.

EOE M/F/D/V